Nykaa, Mamaearth shares surge after Q1 profits
Shares of Nykaa parent FSN E-Commerce and Mamaearth owner Honasa Consumer closed at a high on Wednesday, a day after reporting profit growrh in the April-June quarter.
Nykaa shares closed 4.93% higher at Rs 215.05. The stock touched an intrday high of Rs 220.75 after opening at Rs 215. The company closed the session with a market cap of Rs 61,520 crore.
The counter has gained 31% year-to-date and 15% over the past few months. In the past week, it has risen nearly 3%.
